Madoro Metals Corp Stock Beneish M Score
| MDM Stock | CAD 0.02 0.01 33.33% |
Madoro | Beneish M Score |
At this time, Madoro Metals' M Score is inapplicable. The earnings manipulation may begin if Madoro Metals' top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Madoro Metals executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Madoro Metals' earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-5.77
Beneish M Score - Inapplicable
Madoro Metals Beneish M-Score Indicator Trends
The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Madoro Metals' auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Receivables | 49.2 K | 46.8 K |
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| Total Assets | 1.5 M | 1.2 M |
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| Total Current Assets | 132.3 K | 139.2 K |
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| Non Current Assets Total | 957.7 K | 1 M |
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| Property Plant Equipment | 797.2 K | 1.2 M |
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| Selling General Administrative | 343.8 K | 432.3 K |
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| Total Current Liabilities | 102.6 K | 139 K |
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| Short Term Investments | 32.6 K | 34.3 K |
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Madoro Metals Corp Beneish M-Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Madoro Metals' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Madoro Metals in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Madoro Metals' degree of accounting gimmicks and manipulations.
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About Madoro Metals Beneish M Score
M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.
Reconciled Depreciation |
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About Madoro Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Madoro Metals Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Madoro Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Madoro Metals Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Madoro Metals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Madoro Metals' short interest history, or implied volatility extrapolated from Madoro Metals options trading.
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Complementary Tools for Madoro Stock analysis
When running Madoro Metals' price analysis, check to measure Madoro Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Madoro Metals is operating at the current time. Most of Madoro Metals' value examination focuses on studying past and present price action to predict the probability of Madoro Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Madoro Metals' price. Additionally, you may evaluate how the addition of Madoro Metals to your portfolios can decrease your overall portfolio volatility.
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